Hawaii Living

Iolani Palms #505 (Punchbowl)

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512 Iolani Ave #505, Honolulu

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All Iolani Palms condo units and Punchbowl buildings are unique.
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Description
Welcome to Iolani Palms, rarely available 2-bedroom, 2-bath unit featuring tandem parking and stunning ocean and city views. Inside, an open floor plan showcases wood laminate flooring, granite countertops, stainless steel appliances, and new cabinets. Comfort is key with 2 split AC units, a full-size washer/dryer, and recessed lighting. Enjoy amenities like a pool, jacuzzi, BBQ area, guest parking, and a pet-friendly policy. Its prime location minutes from Downtown, UH, and various dining and shopping options.
Recent Activity
  • Mar 29, 2024 In Escrow
  • Mar 19, 2024 Listed at $599,000
  • Sep 28, 2019 Sold for $575,000
  • Aug 24, 2019 In Escrow
  • Aug 14, 2019 Listed at $575,000
  • Jan 09, 2018 Sold for $558,000
  • Nov 26, 2017 In Escrow
  • Nov 08, 2017 Price $558,000
  • Nov 02, 2017 Price $568,900
  • Oct 16, 2017 Price $574,900
  • Oct 16, 2017 Price $575,000
  • Sep 28, 2017 Price $589,900
  • Sep 12, 2017 Price $599,000
  • Aug 24, 2017 Listed at $599,999
  • Oct 29, 2015 Sold for $535,000
  • Sep 16, 2015 In Escrow
  • Sep 08, 2015 Price $535,000
  • Jul 24, 2015 Price $549,000
  • Jun 03, 2015 Listed at $589,000
Past Sales
  • #202: 3 Bds | 2 Ba @ $560K (5/4/23)
  • #304: 2 Bds | 2 Ba @ $640K (4/5/22)
  • #501: 3 Bds | 2.5 Ba @ $688K (5/21/21)
  • #505: 2 Bds | 2 Ba @ $575K (9/27/19)
  • #301: 3 Bds | 2.5 Ba @ $648K (5/6/19)
  • #203: 2 Bds | 2 Ba @ $535K (8/3/18)
  • #503: 2 Bds | 2 Ba @ $593K (9/20/16)
  • #PH3: 3 Bds | 3 Ba @ $865K (6/22/15)
  • #302: 3 Bds | 2 Ba @ $625K (10/3/14)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.79
  • Price / ft²: $646
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2018
  • Zoning: 12 - A-2 Medium Density Apartme
  • Flood Zone: Zone X
  • View: City, Coastline, Ocean, Sunset
  • Furnished: None
  • Property Condition: Above Average
  • Owner Occupancy: 68%
  • Management Company: cadmus properties
  • Security Features: Key
  • Amenities: BBQ, Patio/Deck, Pool on Property, Whirlpool
  • TMK: 1-2-2-4-23-26
  • Tax Assessed Land: $118,500
  • Tax Assessed Improvements: $492,500
  • Tax Assessed Total: $611,000
  • Courtesy: Keller Williams Honolulu / (808) 596-2888
  • MLS: 202406665
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Good to Know

About Iolani Palms
Despite being only 6 floors, the Iolani Palms has figured out the secret to maximizing the landscape – and you can reap the rewards.

Along with the height of the land it occupies close to Punchbowl's side, the residences are raised further with the parking garage below as the base level(s). Due to these factors, ocean views start as low as the 3rd floor and only get better   .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 27, 2024. Information is deemed reliable but not guaranteed.
Other Punchbowl Condos
Ward Lanai #302
2 Bds | 2 Ba
1,318 ft²
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Park Tower #2023
3 Bds | 2 Ba
1,056 ft²
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Town House #106
2 Bds | 1 Ba
809 ft²
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Magellan #507
2 Bds | 2 Ba
965 ft²
Description
Welcome to Iolani Palms, rarely available 2-bedroom, 2-bath unit featuring tandem parking and stunning ocean and city views. Inside, an open floor plan showcases wood laminate flooring, granite countertops, stainless steel appliances, and new cabinets. Comfort is key with 2 split AC units, a full-size washer/dryer, and recessed lighting. Enjoy amenities like a pool, jacuzzi, BBQ area, guest parking, and a pet-friendly policy. Its prime location minutes from Downtown, UH, and various dining and shopping options.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 27, 2024. Information is deemed reliable but not guaranteed.

About Iolani Palms
Despite being only 6 floors, the Iolani Palms has figured out the secret to maximizing the landscape – and you can reap the rewards.

Along with the height of the land it occupies close to Punchbowl's side, the residences are raised further with the parking garage below as the base level(s). Due to these factors, ocean views start as low as the 3rd floor and only get better   .....
Read more.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
Learn about property tax rates.